Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
Virgin Group Acquisition Corp. II (VGII)

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-16 Virgin Group Acquisition Sponsor II LLC 10%-Owner Buy 6,671,524 $10.00 $66,715,240 Yes

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.